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through, no republican will win another national election. >> perceptions of the g.o.p. are so bad, they will never win back the white house without more inclusive policies in general. >> we have to make sure young people don't see the party as intolerant and unaccepting of alternative points of view. >> already there is a generational difference within our movement about issues that involve the treatment and the rights of gays. >> we have to improve our effort of medicating with women voters and better represent some of the unique concerns female voters may have. >> it also calls for revitalized field organizers in the grassroots, modernization of technology with the headquarters in silicon valley and fewer debates and an earlier convention. >> we know we have problems, we have identified them and we're implementing the solutions to fix them. >> to implement any primary changes, the republican national committee days the cooperation of states and democrats. and it is reopening old g.o.p. rifts of amnesty. lou: thank you very much. more on the future of the republican party coming
think a government without another election is possible, they can bring together a coalition at the moment without an election? >> well, it really sdpents who they're going to be, the ministers, who are you going to support from outside the government. there are lots of -- three or four different -- >> permutations. >> exactly. we'll see. if not, we have to come back to general elections. >> okay. and how would investors view the prospects of -- >> general elections? >> general elections. >> we're going to drop probably another 70 basis points, we'll go back to 330, 350. >> that's manageable. >> well, it's where -- it's well manageable because we've already seen it. we are not going to come back to 7% or on 8%. >> good to see you. thanks for joining us. >> thank you very much. >> we'll take a short break. still to come, plenty more on cyprus. let's remind you of where futures are ahead of the wall street open a little later today. "worldwide exchange" continues after the break. >>> you're watching "worldwide exchange." these are the headlines today from around the world. a re
you call an organization that has over 900 elected mayors from around the country a front organization. it's a group of people that -- lou: what do you call it? >> it's the group that dealt with gun violence, but it's, you know, when you get something like 95 #% of the american people supporting bkdz checks, 85% of gun owners support it, 80% of the nra members support it, but congress has reluctance because of the nra. it shows the will of the people -- lou: do you really believe they are so afraid of the nra, or do you believe that they have some conscious towards their con stitch wents and want to represent the values and desires of the constituents? i mean, are you really writing off all those people in the senate and the house of representatives and saying they are nothing more than cowardly fools at the service of the nra rather than voting their conscious? >> i would not call them "cowardly fools," but i have ran for office and been elected for office, and it's not an issue that they know the background of or cares about, that a lot of times they look at the intensity of the oppo
in the election and is now in the government said we don't need-- a second palestinian state. that isn't new thinking. and he said very pointedly, people can't be occupiers in their own land. in order, he was rejecting the ideaçó that israelis don't have the right to live anywhere they want in the entire territory. today i talked to ashwari, a palestinian very prominent, still member of the p.l.o. executive committee and she said we don't need new language and thinking we need new will and courage by the united states and palestinians were widespread in their disappointment with the trip because they felt that the president had really embraced the israeli kind of view of this conflict, and had not expressed a willingness to press for some free zone settlement. it does not mean something may not happen. but you could see that new thinking is going to come hard in this region of a very old conflict. >> margaret warner, thank you very much, joining us from amman. >> brown: still to come on the "newshour": chicago's plans to shutter public schools; the growing gap on how internet access is bei
the litmus test is elections. paul ryan was on the national ticket. he basically argued as did mitt romney, on the very well thing that the house republicans just passed. and the voters cast farvotes for more votes for u.s. senate candidate who is were democrats and far more votes for democratic candidates for the house of representatives. so that's the way we resolve these differences in our country, by elections. it was not really a very close call? >> the fiscal issue has not been resolved i. of course, it hasn't been resolved. hold on, mercedes, let's acknowledge what has happened, the deficits have dropped now for 3 straight years at a rate lower -- faster pace than we have seen since the end of world war ii. nobody wants to acknowledge that. but they are coming down because we did have to engage in emergency spenning when the chitanked and we are coming out of that. we have to have balance -- that's good. but what is really good is job creation and a strong economy. we are seeing the effects of austerity. they would trade our economy for theirs in a success. in realtime, as consequen
into the ballot box as a politician. there's a general election coming up here in pakistan. the first time potentially that one democratic government would hand over to another democratic government, believe it or not, for the first time in country's history. he believes that he's going to be a key player. but given the muted response he's had to his landing here so far and very little media coverage, it would seem that they have an uphill battle to make that race to the front so to speak here in the election coming up here. he -- as we said, he was unchallenged in the past, but now he wants to try and challenge all the big boys in pakistan's politics. well, it remains to be seen if he can manage that. >> well, that's the thing. he comes back and says he's coming back to in his words save the country. and yet he hasn't got a seat. he hasn't got much of a chance of getting 170 seats in the election one would imagine. meanwhile, what are the charges he's facing? and then as we said he's a guy that the taliban wants to take out. >> yes. absolutely. a couple of reality checks there aren't ther
's very simple. it's to stop noncitizens and especially illegal immigrants from voting in u.s. elections. federal courts have been split on the issue. an appeals court did strike it down. this issue has not gotten a lot of attention. it could prove to be a mid one when the court wraps up its term in june. >> a lot of people wonder if a lot of illegal immigrants are starting to vote and according to one poll, they said .001% of florida's voters turned out to be illegal. so why there is so much attention for what really is a small problem? >> reporter: i find the answer is a lot like a lot of things in politics. there are two political parties that run in parallel existence and see completely different things. there are a lot of republicans who argue it is a big deal and it's just not paid attention to. a lot of people say it's an issue that fraud is not being addressed properly and you have studies on that the democratic side who say it's hardly an issue at all. it's something that's spurred the political debate and i'm not sure it will be settled. >> the republicans just finished up thei
voting in u.s. elections. federal courts have been split on the issue. an appeals court did strike it down. this issue has not gotten a lot of attention. it could prove to be a mid one when the court wraps up its term in june. >> a lot of people wonder if a lot of illegal immigrants are starting to vote and according to one poll, they said .001% of florida's voters turned out to be illegal. so why there is so much attention for what really is a small problem? >> reporter: i find the answer is a lot like a lot of things in politics. there are two political parties that run in parallel existence and see completely different things. there are a lot of republicans who argue it is a big deal and it's just not paid attention to. a lot of people say it's an issue that fraud is not being addressed properly and you have studies on that the democratic side who say it's hardly an issue at all. it's something that's spurred the political debate and i'm not sure it will be settled. >> the republicans just finished up their big c-pac conventions and one of t
. they have an election this year. they have known for nine months. >> they have known this -- they know the russian dirty money. and they had to know that taxing, literally taxing deposits that are guaranteed is nothing but confiscation of private property. that in the -- even the dummy cypriots would be opposed to this. >> well, and they have got -- >> even got the french. >> no, but -- but it's -- and they let off the bond holders. they're not going to make the bond holders take a hit. so this was -- inexplicable, just like what happened in 2008, after bailing out bear stearns, fannie, freddie, decided to let lehman go down. said we're going to draw the line on lehman and 48 hours later nationalized aig and had to do trillions of dollars of guarantees to the financial system. so this was kind of a muck-up like that. inexplicable. they didn't want to be seen as baling out oil i gargs in an plex year, even though it was a small amount of money and that's how you get a rocky financial system collapsing. >> all right. don jensen, let me come back to the russian part of the story. whether
.ll >> rose: so then bush-- there was an election in 2008, and barack obama was elected president. he come spodz office with what assumptions about iraq, and how did his views on iraq play out? >> well, president obama, as a candidate-- and i interviewed him twice on iraq, single subject, as a candidate-- his view was he campaigned on ae platform of taking all of the american combat brigades out inn 16 months with a date certain. >> rose: okay, then he gets into power, and he withdraws the troops. and then there are negotiations to leave some troops, which yous you believe was a significantwa mistake, that negotiation failed. and so they did not leave five, 000, or 10,000 troops there. 1 what happened? >> well, first off, withha president obama, he really did not fulfill his campaign promisf literally of taking the troops out in 16 months.s he pretted much ended up takingly them out on george bush's schedule, the end of 2011. two, the other thing is what people don't realize is the t obama administration tried to de a lot more than just take troops out. they tried to re-engineer the govern
the parties is too large. that we've -- we as republicans basically have not acknowledged the election. that's the problem. it is not urgent. the congressional budget office debt projections show pretty much stable u.s. indetectivedness for the next ten years. they do not show anything that looks like a crisis. we have long, long run problems but not anything that has to be dealt with this year or five years from now or seven years from now. >> are you worried about the consumers who paired their debt? it was much higher than a decade, decade and a half ago? >> consumers continued to pear it back some. that's one of the reasons we've had such a slow recovery. it's on the right trajectory. >> if you look at the biggest challenges that you see facing the u.s. economy over the next decade give me three that come top at mind. >> first of all we're part of a year. we're not alone. europe is really a mess. i worry about blow back from the split cat swachlths that's an economic political problem. i worry about our own politics. we have, you know, it's one thing. i don't think we need a grand bargai
out more than $2 million in campaign funds to relatives during the 2012 election. payments to children, spouses, aunts and uncles did not involve taxpayer money and are legal. however, campaign fund watchdogs contend there is a conflict when family members belong to special interest groups. move over superbowl. the ncaa is now the ad champion when it comes to sports championship games. the month-long tournament known as march madness brings in more ad revenue than any other sports championship all year. ad spending surpassed a billion dollars last year. the average ad during the final game is $1.4 million. the first round tips off tonight. still to come, dollars and cents: why banking at a credit union could save you more money than you would think. that's later on. but first, a new book is stirring up conversation about women in the boardroom. thoughts on that and more next with bill moller, after this "in the know" message. you remember the old virginia slims cigarette ad, "you've come along way baby?" women have made strides, and it's important to take stock of those advances during
started. the week of valentine's day, 2004, newly elected san francisco mayor gavin newsom, boldly, some said recklessly orders to grant marriage
values. so they elect to buy now. >> reporter: the vacancy rate for the community is around 2%, because low prices are luring buyers. as for his older neighbors, charlie rogue has nothing but respect. but he doesn't know many of them because he's usually out at work. fo nightly business report, i'm diana olick in boca raton, florida. >> this is an interesting angle in real estate, but i'm hearing more and more people saying i wish i had bought some properties during the downturn. >> absolutely. some of those prices came down so far, but it took a brave human being to go in at the depth of the housing crash in those cities like miami, las vegas, riverside county in california. really took some nerve to it. i didn't do it. >> i didn't either. that's it for us on nightly business report. thanks so much for watching. >> have a great evening. we'll see you back here tomorrow night. >>> glad so to have you with us. it's tuesday, march 26th. the united nation staff in syria are packing up and getting ready to move. u.n. spokespersons say about half of their foreign
about it. it's only 2,000 pages long. we have elected people idiots people vote on things they don't read. there is a payroll tax of .9% and investment tax 3.8% and excise tax of which there are 159 rules to spell out how that tax applies. can you imagine how this is going to be? this is nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it around started all over. >> eric: and remember when president clinton said that it would not add to the debt and now it's trillion dollars? >> it's amazing people hate so much of it. let's note the american people when asked about the specific provisions in the affordable care act actually like it. they like tax credits for small insurance and closing the medicare loopholes and 80% of like those things and less than 50% know they are in the bill. >> let's talk about why this is going to kick in. eric they purposely wrote this thing, once it is in all the crappy things come out. knows what is going to happen to medicare costs and medicare or anything like tha
rudd with a napped ballot for the party leadership resulting in prime minister gillard being re-elected uncontested. she had lost the support of her party. rudd backer and simon crane today urged the prmt to conduct a leadership ballot and one was held just hours later. the big twist, kevin rudd deciding not to challenge the prime minister for the leadership, but gillard and her deputy, the treasurer wayne swan was reappointed to their respective positions unopposed. prime minister julia gillard says today's vote now settles the question o leadership once and for all. >> today, the leadership of our political party, the labor party, has been settled and settled in the most conclusive fashion possible. the whole business is completely at an end. it has ended now. >> australian prime minister julia gillard. the countdown now resumes to the federal election which will take place on december the 14th. if current polls are to be believed, julia gillard will lose in a landslide defight to the right leaning liberal party tony abbot. that's the late freft sydney. back over to you. >> and we'll
will be used to help democrats in the election next year. the president wants the democrats to regain control of the house. >>> there was a meet yore without warning in russia wounding 1200 people and damaging thousands of building. hours later an asteroid missed earth by a little more than 17,000 miles. that's closer to earth than many satellites. astronomers estimate 20,000 potentially hazardous asteroids. >>> this morning, nasa is trying to fix a software problem that's side lined the mars rover "curiosity." nasa says ground controllers are still in contact with the rover but it cannot roam around and take pictures until a fire error is fixed. they hope to fix the explorations by next week. it sounds like a little, mundane problem, a little fire error but it's so far away. >> yeah,. >>> sal, highway 4, is it getting better? >> yes. they've opened up the lanes there. this may have been caused by a wrong-way driver. the lanes are open. but highway 4 is a mess coming out of pittsburg and antioch. this is after willow pass road. all of the lanes are open. it will take a while for this to unwin
spending on elections. california law requires contributors continues those be disclosed. >>> most babies are being fed solid food too soon, it's reported. mothers say they gave their babies solid food before waiting six months and doctors recommend waiting until six months before you introduce those foods. doing this early has been connected to diabetes, obesity, eczema. >>> breaking news from san jose. police have issued an arm beralert for -- amber alert for a missing baby. investigators say the baby was in a car in san jose when the car was stolen. janine de la vega joins us live from san jose and you just arrived at the scene. good morning, janine. >> reporter: good morning, tori. there is a huge police response here. we're near story and jackson and amador court. what we know right now is that apparently, one of the parents was recall waking up their -- warming up their car, which was a 2006 white cherokee. it was a jeep. their 11-month-old baby girl, gabrielle was inside. police don't know if she was strapped in. police say somebody came in here, stole the car with the little baby
on elections. california law requires contributors continues those be disclosed. >>> most babies are being fed solid food too soon, it's reported. mothers say they gave their babies solid food before waiting six months and doctors recommend waiting until six months before you introduce those foods. doing this early has been connected to diabetes, obesity, eczema. >>> breaking news from san jose. police have issued an arm beralert for -- amber alert for a missing baby. investigators say the baby was in a car in san jose when the car was stolen. janine de la vega joins us live from san jose and you just arrived at the scene. good morning, janine. >> reporter: good morning, tori. there is a huge police response here. we're near story and jackson and amador court. what we know right now is that apparently, one of the parents was recall waking up their -- warming up their car, which was a 2006 white cherokee. it was a jeep. their 11-month-old baby girl, gabrielle was inside. police don't know if she was strapped in. police say somebody came in here, stol
and 4th will be used to help democrats in the election next year. the president wants the democrats to regain control of the house. >>> there was a meet yore without warning in russia wounding 1200 people and damaging thousands of building. hours later an asteroid missed earth by a little more than 17,000 miles. that's closer to earth than many satellites. astronomers estimate 20,000 potentially hazardous asteroids. >>> this morning, nasa is trying to fix a software problem that's side lined the mars rover "curiosity." nasa says ground controllers are still in contact with the rover but it cannot roam around and take pictures until a fire error is fixed. they hope to fix the explorations by next week. it sounds like a little, mundane problem, a little fire error but it's so far away. >> yeah,. >>> sal, highway 4, is it getting better? >> yes. they've opened up the lanes there. this may have been caused by a wrong-way driver. the lanes are open. but highway 4 is a mess coming out of pittsburg and antioch. this is after willow pass road. all of
, germany is facing elections six months away. so that's why they like the idea of the bank tax. you may see that or it may go away. the situation is very fluid. right now we're seeing depositers in cyprus with severe restrictions on their bank accounts. let's show you what is going on over there. this is out of cypriot parliament. when you see the level of detail you will essentially say to yourselves, wow, this situation is worse than we realized. do we have the full screen? let's show it. restrictions to stop money from flooding out of cyprus. you will see essentially basically withdrawal restrictions. ban on premature termination of cds. converting existing savings accounts into cds. restrictions on debt, credit, prepaid debit cards. i want to get to the final bullet point. this is what cyprus is saying, any measure the finance minister or governor of cyprus to stop movement of capital out of cyprus's banks. they're trying not to let the money flood out of the country. this is what we're seeing at this very hour. still talk of a solidarity investment fund where people from around the wor
scheduled for friday. >>> five elected officials in bell, california, including former mayor oscar hernandez were convicted of multiple counts of misappropriation of funds. a sixth defendant was cleared. all six defendants were cleared of charges they illegally tapped public money while serving on the city's public finance authority. that is the latest from the fox business network, giving you the power to prosper. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes make your business our business. od. helping the world keep promises. david: well day three of the cyprus bank closing. even though their parliament rejected the initial plan to confiscate a portion of bank deposits the fear is that the public trust has just vanished and once the banks are reopened, there will be runs. makes one wonder how can anyone say now is a good time to invest in europe? lauren: cumberland advisors chief global economist phil weather all is here to tell us why he thinks europe of
hour. in other technology news, hewlett packard shareholders have re-elected the company's board. the chairman, ray lane and three others narrowly kept their seats. they had been criticized for their roles in the batched $ 1 billion acquisition. but, again, the board was re-elected. >>> boeing plans to conduct two flight tests of its revamped 787 battery system as soon as the end of this week. the plane has been grounded since january and, joe, i'll send it over to you for more news. >> i he like that with oracle. think if you were one of the salespeople. >> there are thousands of new people that have been coming on board. they worked getting things as quickly as the third quarter. it was interesting what the cfo said that this is a situation where they don't know to make sure that they close those deals by the end of the quarter. >> yeah. slackers or something. you know salesmen. the world resolves around salespeople. they say it's not even plaque row. usually that's wa we'll say. >> it was said there was a sense of urgency that was lacking. >> yikes. i'd hate to be one of those
behind. >> thank you very much. i am elected member here. my question touches upon mary's sentiments, so would like to know from each of you would do for the purpose of economic growth and prosperity? i personally believe it's to better improve people's well-being, feel free to disagree with me. how can we best leave it to achieve that well-being in particular over the next 20 or so years with up to 2030. >> a great question on which to end. but they go to the panel. >> one of the questions is losing the monetary and fiscal policies if there is a set of generations that aren't around the table. a lot of what we are seeing now is basically trying to achieve a dynamic in the economy that is unsustainable long-term and therefore we come to the detriment of future generations and therefore i am quite concerned that keeping monetary and fiscal policies very loose for an unsustainable long period of time might generate numbers we see now that looks good for current generations but actually come at the expense of future generations. i'm quite concerned in whether we are really trying to counter
of this election as pope. it also found, three-quarters of american catholics say they are more likely to follow their own conscience on difficult moral questions than the teachings of the pope. nine intent want stricter policies toward sexual abuse committed by a priest. nearly three- quarters say st. francis to allow catholics use birth control. 64 percent said the pope should allow priests to marry. in nearly six in 10 say he should allow women to become a priest. >> the installation mass having around 2:00 this morning and lasted until around 330. about a half hour ago it wrapped up. the pope went inside st. peter's basilica and is that the main altar receiving dignitaries and heads of state. among them president joe biden was leading the u.s. delegation. >> there are more than 132 government delegations there in italy today. the vatican says 33 christian delegations or present as well as jewish, muslim, buddhist. well as jewish, muslim, buddhist. >> we will be ri thyou eat less...ing weiyou lose weight.et. it's a great plan... until you get hungry. that's the time to take slimful. one tasty
after last month's elections left the country mired in a dead lock. plus, the latest fallout from cypress. we'll be right back. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to "worldwide exchange." sylvia berlusconi has threatened a wave of protests if the central left candidate becomes the next italian president. this comes as the current preside
-mail during an election campaign. now the government is trying to change that and they're willing to change i think. >> we will have to leave it there. breaking data coming up. fascinating point about the yen how stronger yen helps if you're the buyer of some of these companies. thank you very much, sir. >>> the data is out as we wait from the u.k. today is a huge day in britain. we have the budget. government under pressure because they haven't met the targets they initially laid out. still the economy on the employment side holding up reasonably well. the question is whether that has continue. we'll see if we get unemployment figures out here in a second. from looking at the bank of england minutes there was a 9-0 vote to keep rates unchanged. 6-3 vote to keep the program at the current size. again, governor king, fisher and miles wanted a $25 billion extension to the quantitative easing program. king outvoted yet again. let me see if i get the employment data up for you here. it looks like the three-month average hourly earnings including bonuses for britain here are at the lowest in three
and out of town fast. they were worried about losing in the elections. didn't matter. the vote is going on right now to finish up the budget for this year. that should be approved. it embraces those automatic budget cuts. but it does give the military, the boarder patrol, the fbi, nasa and a few other agencies a bit more wiggle room and move money around within their budget. that's just about to get approved. it was voted on and approved last night. >> so those are some of the winners getting the wiggle room. what about the losers? there's problems apparently for the faa. >> reporter: yeah, the faa, there was an effort to amend the bill, this budget bill to move money around within the faa budget so over 200 different air traffic control towers at smaller airports would not have to be shut down as soon as april the 7th. for whatever reason it was never really delineated and explained. the obama administration opposed it. if that had been on the floor, probably would have gotten 85 or 90 votes. for whatever reason, the democratic leadership would not agree so it never came up. they did n
. they look like sour pusses. >> you're right. i can almost make a case, larry, that in the last election barack obama was the pro-growth optimist and that mitt romney was the pessimist and kemp always wand that high ground which reagan always had. the point i want to underscore that you just said and then i'll bring the others in, i knew jack, jack was such a dear friend. jack talked constantly about reaching out to minorities, empowerment zones, school choice for example, home ownership. it was jack kemp who worked with charlie rangel to create empowerment zones here in new york and elsewhere and to cut or abolish the capital gains tax to entrepreneurs. it's one of the days to this day i'm still charles errol rangel. the republican party has to get that for blacks, for minorities, for asians, prosperity for everybody of. >> instead of defending multi-millionaires, he went out to those who were poor, minorities and said i want you to be millionaires. >> it wasn't just his energy, it wasn't just his entrepreneurship, it was his message. can you almost say that message of capitalism and pr
his 2007 election campaign. the 90-year-old loreal cosmetic heiress is the richest woman in the world. sarkozy sid he only visited one time. several members dispute that claim. >>> time now, 7:17. last night a man from france was arrested in philadelphia, accused of impersonating a pilot. he went to a u.s. airways counter in philadelphia airport. he reported by became angry when he was denied a business class seat. passengers say he started screaming about hating america, but still he boarded that plane with a ticket. investigators say he wore a white air france shirt and a black leather jacket with tassels on the shoulders, and he slipped into the cockpit. >> concerning because we don't know what his designs were. it could be anything from wanting to take a look at the cockpit to some other criminal designs. >> well, he was arrested when he couldn't produce the proper credentials. no passengers were hurt. he's been held on a million dollars bail. >>> later today we're going to find out if any bay area traffic control towers are going to be closed. five air traffic control towers are
the law of the land. yet elected officials feel the need to spend lots of time on it. house republicans passed the the latest version of paul ryan's budget. they did this in the same stupid way washington does things. budgets are not meant to be presented for a partisan vote like this one. they are meant to be discussed and negotiated. none of that has happened since 2009. >> let's break it down. there was no new taxes, it would curb spending by repealing obama care and eliminate the deficit in ten years. $4.6 trillion in cuts. zero chance of passing in the democratic-controlled senate, it's dead on arrival. >> lawmakers in the house and senate approved legislation to fund the government through the end of september. that avoids the risk of a partial federal shutdown. in the process, they are on spring break for a couple weeks. what's your take on this? >> my take is the whole financial dysfunction of our congress is mind blow iing. you look at this week. let's say frederick, maryland, where there's air traffic control that will be shut. a tower that was built by the stimulus money. so
have been what on the 10-year yield? how far would have gone a year ago? >> after the greek elections you have a blowout in the spanish bond market, dropping to 125. dagen: in terms of cyprus, that situation is not resolved the parliament voting down that haircut europe was demanding on those deposits, but why is that risk not worth worrying about? >> i think the risk is worth worrying about. things the ecb has put in place going forward. if we were to escalate to the point cyprus would leave the monetary union, that is something but a plan b. in the works so we will wait and see. dagen: if interest rates go up even as much as you are talking about, is that a headwind for the stock market, you think, with the rally we have seen in the last couple of weeks? >> i am a bond guy, have to be careful talking about stocks. we are not looking for that kind of an increase in rates, maybe 240 on the 10-year period that is not a headwind for the economy. dagen: what do you see, or do you see a change in attitude among investors, greater willingness to own stocks at this point and maybe some worr
be strengthened and they go to a second election now and they'll have a much better chance of really cornering the market because the anti-austerity crowd says they're seizing our deposits as well. we know the european think bahhing union and remember this idea and they'll all get together and put the banks under the ecb roof. you know who one of the tenants is the european wide depository scheme to guarantee deposits and what's going on happen when that happens? you see what happened? cyprus, how do you know you won't do anything with everything everybody, and this makes banking union more difficult. what does it mean for stocks right now? folks, we had a 3% correction at the end of it. and that was on italy and it's going to be a very, very minor event and if you can't, you've got problems. the big of the thing, guys, 10% increase in the s&p and now 8.5% increase in the s&p hedge funds are only up 4.9%. so do you guy get guys taking profits or some guys saying now it's time to buy on the dip. this can go either way and it is very important in the next 24 hours. back to you. >> i have to tell
. who would ever think how quickly a sports team can change or political election. most importantly in stocks. this thing has gone from 60 down to almost 11. this move to 22, we think it's got leg. we think it's going up 25, 26. >> we'll give you props. you called for this earlier this year. we'll point that out. >> thank you. >> good job on that. abigail, what to you think? fundamentally, richard schultz, is it good he's coming back? >> i think it's a sell on the news type of event. i think while it's positive his 20% in the company is less likely to be sold, i think that it does not change the fact this company has a very difficult turnaround ahead of itself. it's playing in a low growth space with very price transparent products. that sort of commodity like aspect to its business does not give it a lot of flexibility to make a turnaround. you can only close so many stores, cut so many people. it's really hitting the bottom line. if you look two years ago this company put up 364 in the bottom line for the year expected to be reported next february, they're looking for 219. i think
increasing and inventory drastically decreasing. so they have elected to buy now. >> reporter: as for his holder neighbors, charlie roke has nothing but respect. but he doesn't know many of them because he's usually out at work. diana olick, cnbc, boca raton, florida. >> great story. >>> what happens with the stock market tomorrow? >> our trio of market pros give you a leg up on tomorrow's action when we come back. [ male announcer ] just when you thought you had experienced performance a new ride comes along and changes everything. the powerful gs. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. during the command performance sales event. (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announc
, high double digits down? >> well, david, the markets basically has gone straight up since the election. it is up about 15, 16% since early november. so it is not surprising to me that the market sold off a little bit here. i think maybe participants are looking for any excuse to take some chips off the table and cyprus provided them that excuse. sandra: george, let's get you in here. you have much differing opinion you are very bullish on markets, you see as the cyprus news as that is today, we'll get over that? >> that's exactly right. crisis de jure. think of all the problems we have last year or two. this is one-off event. i may feel sorry for the people in cyprus and people in your there is difficulty but it is the crisis de jure. everybody knows that there will be volatility. david: curious, george, right in front of you, pan down in the camera, you have red square. pan down with the camera shot. >> sure. see if they can get it for us. david: why is it there, george? >> it is there because it is, st. bass sill's cathedral because of stock we like, 3-d systems. 3-d systems is 3-d s
. typically you look first year, presidential election cycles, even when it is an encumbent, they tend to be front-end loaded. all the gains come first half of the year. once you hit the summer season the market tends to trail off. based on what we've done year-to-date without any significant correction we're probably due something t could be bigger than three to 5%. sandra: all right. so john, taking it from stocks to commodities you mentioned how you're rather bullish on gold and some other commodities at some point. how do you play that? what are some of your big picks right now? >> we're very bullish long term on the oil sector because we think there will be a supply problem globally. therefore either oil companies in secure areas such as anadarko, or also some of the more sophisticated oil service companies that are able to better define reservoirs, figure out ways to get more oil out of existing reservoirs, deep offshore drillers. we like companies like drill quip and geospace which have very sophisticated technology. adam: dan, you like to follow the banks, don't you? who is on
to look forward to. >> i'm getting on a board. i see good stuff in here. it's like a token. if i'm elected to lululemon, i'm promising more transparency. >> more transparency. >> nasa will launch the james webb telescope, a successor to the hubbell and it's going to be even more powerful and penetrating. you can imagine the results of that one. >> i wonder what we can get to? 380,000 out of 14 billion is cool. coming up, biotech firm gilead. manager of the calvert equity portfolio joins us next. >>> and a vulture is circling. we talked to wilbur ross. we talked to him about whether he's buying the entire country. >> last time on he talked about greece. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty f
picture in europe where the italian tenure is now below where it was before those italian elections and a mixed picture in asia this morning. the nikkei up about 1.5%. the road map begin with the eurozone that did not collapse over the weekend so naturally the s&p is expected to bust through the all-time closing high and what's next for cyprus' hobbled economy. it has received two competing offers from carl icahn and blackstone is the initial $24 billion offer from silver lake in jeopardy. saying the blackberry 10 launch has been tepid in their words and it sees only a 20% share of success. >> and dollar general beats handily as the retailer continues to steal market share, but are rising inventories a reason for concern. >> we begin with the markets as the s&p 500 stands within nine points of the all-time closing high after the eu finance minister was struck over the weekend and it was the second largest bank and inflicts heavy losses on deposits with more than 100,000 euros. cyprus will receive $13 billion in financing, but guys, the conversation is already beginning from what's t
since the election, since december. and part of that is because he has been playing tax increases. he tries to divide people and then raises taxes. he's not threatening to raise taxes on everyone. many of the taxes to pay for obamacare had all americans. it's not targeted just a few people. politicians play trickle-down taxation. this said it will tax the rich and it trickles down to tax everybody. americans have begun to figure that out. cheryl: corporate tax rate. paul ryan 1725%. you think will happen? >> eventually will because it has to because the european average is 25%. or a 35%. obama has raised taxes on subchapter s companies that pay smaller firms and some bigger ones that. the individual rate up to 44%. europe said 25. we're 35 and 44. this is one of the reasons we're not as competitive. as a self-inflicted wound. cheryl: one of the big issues that we will talk about later on is the changes and obamacare affecting taxpayers for next year, 2013 return. i know paul ryan wants to repeal obamacare. that doesn't happen. do you think cut medicare tax, excise tax can be addressed
their way. in the last few elections democrats have been more effective. sandra: thank you very much, carl. full house resorts has revenue up 3% in the state of nevada. c.e.o. tells us why his company is a good bet for investors. dennis: and the lessons we can learn from third world economies. ways to particular start our own from the dean of n.c.u.'s stearn school of business. it's monday. a brand nestart. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. gives you 1% cash back on all purchases, plus a 50% aual bonus. and everyone but her... no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for peo
in awash -- washington. one of the top issues we saw in the presidential election, mitt romney very vocal about the fact we cannot trust the chinese. our viewers care about that. do you think we'll get answers? >> as you know, administration has said that china has made progress on the issue of currencie currencies. i think 10 or 15% according to the former treasury secretary on an inflation adjusted basis so -- but they do want more and congress is, of course, aldz watching this issue because it does affect the trrde imbalance between the united states and china so definitely always a major topic in these discussions. cheryl: right. i can't believe we're still talking about it so many years later. peter barnes, thank you very much and watching our new treasury secretary in china. thank you. >> okay, cheryl. cheryl: yoga pants. yes, i'm talking about yoga pants. are they too sheer? that issue bringing down shares. charles payne will join me whether this is a buying opportunities for a once high flying yoga athletic maker. and tax pain. are the rich already paying more than their fair shar
% but pulled back a bit here. several board members are facing opposition in their bids for re-election. there is plenty of controversy surrounding the company. most recently its acquisition of british software company autonomy. hp accused the company of improper accounting. hp took a $8.3 billion write-down on the deal last year. hp is standing by its board and shares regained some of lost value attributed to ceo meg whitman. hewlett-packard is up 6 cents. melissa: coming up tonight on "money", i'm breaking down all of the top issues affecting your money, the fed, minimum wage, unemployment and the economy. this is landry's ceo. a fantastic guest. we'll be talking about all those things. whether raising the minimum wage is good idea. he operates so much restaurants. all that coming up today at 5:00 p.m. eastern. lori: i will take notes. that is a lot of info to digest. coming up next we're in wait and see mode. will the fed do anything to change its stimulus plan or make any hints about those future plans? full coverage of the fed's statement and economic projections straight ahead. re
that they vote to approve this? >> i can't handicap it. he doesn't control parliament. we make senior election necessary cyprus, and this -- >> so ecb and any other regulators in europe, how do you get your credibility back right now? >> oh, i think they think they have plenty of credibility. what are you talking about? >> what do you mean? >> they have no doubts -- exactly. exactly. >> if they had violated the insurance threshold, i think a lot of people would be saying exactly that. this is brilliant. you're finally get to go where you need to go instead of passing it on, socializing the costs to taxpayers across europe, i.e., germany and the sense. >> we have to figure out our priorities here. >> we're going to talk it out over the commercial break. >> i wouldn't do solar and i wouldn't do like preschool, that program, you know. >> much more efficient way to do a carbon tax. >> look at patti murray's budget and tell me how that is different than what this is. will you do that, too? and get back to me. >> if you were just waking up this morning, global markets under pressure. a lot of fears
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